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178# RSG System M1 and M5 Trading System

Submit by Maximo Trader
24/01/2012

Forex StrategyM1 / M5 RSG System based on signals from just two simple indicators
Forex: EMA and
MACD, But using them several times
and at different time frames, we will getquite good trading
signals for transactions on small intervals, namely M1 and M5. For trade recommendedcurrency pair
EURUSD (can be traded on other currency pairs, but
this, in my opinion, fits best to the same indicators for all options chosen precisely for this pair).

Transactions will conclude on a time-frame M5, preliminary analysis conducted on the interval M1.And so for the beginning set the following indicators for
Forex:

Note in this Trading System that all
MACD-histogram signal line is
1So we will be interested as a signal
--ONLY MACD crossing with its "zero
line"!The signals at the conclusion of the transaction
strategy M1 / M5 RSG System.The author claims that the strategy
MAXIMUM stop-loss is enough to put away 10 points from the entrance to the market (if it is made in accordance with all rules described above). I
consider what best safety net stop-loss order placed at the next local minima (for sale) or above the nearest local maxima (for sale). When Stop-loss at 10 points, take-profit is 30 points !

Or 2 nd option:
Take-profit is not setAnd exit from the transaction in the
following circumstances:1) Red or orange MACD crossed its
zero line -- conservative way out of the
deal!2) As soon as
the EMA (21) or EMA (34) on a time-frame M1 crosses the EMA (144) --moderately aggressive out of the deal!3) As soon as the EMA (21) or EMA (34) on a time-frame M5 crosses EMA (144) --aggressive out of the deal!

EMA (Exponential Moving Average)

Additional rules:If one of the MACD (at any time-frame) has already crossed the zero line before, and the remaining MACD confirmed the signal - it is possible to conclude the
transaction, as provided that all MACD crossed zero line in one direction consistently. Example:a) on a time-frame M1 green MACD is already above the zero line, while 2 others had crossed the zero line up - safely conclude a deal with the confirmation signal to
the M5. But this DIVERGENCE beware! - In this case it is better to refrain from bidding ...b) all 3 MACD crossed zero line up on the M1 and MACD on the M5 is already above the zero line - so it is possible to conclude a deal to buy!

In the picture RSG scalping trading system in action.

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